Table 3.

Summary of the unit root test result.

Variables	At Level		First Order Difference
	ADF Test Stat	Order of Integration	ADF Test Stat	Order of Integration
Gini	−2.612	–	−4.667	(1)
FDI	−2.594	–	−3.756	(1)
IIT	−1.387	–	−3.942	(1)
OPEN	−2.294	–	−4.651	(1)
Note:	Critical Value: 1% = −3.737 5% = −2.991 10% = −2.634		Critical Value: 1% = −3.737 5% = −2.991 10% = −2.635

Note: Estimations for the unit root test result

* = 10% level of significance

** = 5% level of significance

*** = 1% level of significance.